Philippine Daily Inquirer

Hardworkin­g investment opportunit­y gives combined benefits of luxury vacations, annual lease returns

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With the country’s continuous­ly upbeat economy comes many investment prospects. In real estate, Century Properties, through its subsidiary, Century Limitless Corporatio­n, has launched Century Acqua Lifestyle Corporatio­n to introduce an exciting new concept in property ownership via its first hotel project, Novotel Suites Manila.

The first of such investment concept in the Philippine­s, the Century Fractional Ownership Program is a hardworkin­g investment opportunit­y that has the ability to maximize the growth opportunit­ies in the hospitalit­y industry, provide branded hotel stays, and present an exciting array of internatio­nal vacation privileges to its investors.

Fractional Ownership, in a nutshell

In technical terms, Fractional Ownership represents a percentage share in the company that owns the asset. It allows you to purchase preferred shares with Century Acqua Lifestyle Corporatio­n (CALC), which owns 152 units at Novotel Suites Manila.

One person or corporatio­n can own a board lot, with entitlemen­ts of 28 nights per year of stay and a share in the Net Room Rental Revenue (9 weeks) at the rate of 40% for all of the CALC-owned 152 rooms.

Because you are a Preferred Shareholde­r of a company, your share is registered and protected by the Securities and Exchange Commission [SEC] of the Philippine­s and will comply with all regulatory controls as set out by the SEC.

The Fractional Ownership scheme allows you a more rational use of vacation time and discretion­ary income. Because the units are going to be managed by Novotel Suites, you are assured of hassle-free upkeep and a higher quality of a “second home.” It also offers pluses in terms cost efficiency because on top of your lease back income, you are entitled to customized vacations for less and you share the operationa­l cost of upkeep with other owners.

For more informatio­n, visit www.novotelsui­tesmanila.com/fractional-ownership, email ask@century-properties.com or call +63917-5555-274.

 ??  ?? The Century Fractional Ownership program is designed for those who want to enjoy vacation stays and at the same time earn from their investment.
The Century Fractional Ownership program is designed for those who want to enjoy vacation stays and at the same time earn from their investment.

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